When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.
The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.
Slot machines are the most popular game in any casino. Sure, people bet more on the lottery, and the worldwide sports betting market is huge. But slot machines are the game du jour in most casinos, especially in the United States. Sadly, slot machines games also offer the worst odds in the casino except maybe for keno. The compounding effect of. Here are the best chances to winning at slots. You can take a look over this link for more details. Strategies to adopt in the slot machines To begin, considering that a slot machine has no memory, and is only a game of chance, there are certain. Slots machines, as games of chance (rather than skill), are generally more about having fun than they are about making money. However, there are things you can do to maximize your wins and minimize your losses. For example, by calculating a slot machine.
What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).
Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.
Finding the Loosest Slots in Las Vegas
It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.
What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.
Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.
All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.
For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.
Best Chance To Win Slot Machines
But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.
Best Slots to Play in Las Vegas
Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.1
What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.
The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.
The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.
Casinos with the Most Slots in Las Vegas
The Orleans Hotel and Casino
The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.2
Best Chance To Win On Slot Machines
The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.
MGM Grand Las Vegas
The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.
The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.3
Sam’s Town Hotel and Gambling Hall
Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.4
Casino Slot Winnings Subject to 30% Withholding Tax
Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.
In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.
There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.
To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.
RMS, the Easiest Way to Get Your 30% Withholding Tax Back
If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.
Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.
Only RMS has the One Simple StepTM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.
Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].
Sources:
1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.
Slotmachines are up there with the most popular games in casinos. Withtheir flashing lights, attractive graphics andthe chance to win big, it’s no wonder people enjoy a spin on the reels.
You can become an instant millionaire thanks to an incredible range of bonus features available on land-based slots. And, with an estimated 200,000 machines in Las Vegas alone, you have plenty of choice and opportunities to win.
People like different games for different reasons but the most popular slots are the ones with bonus games. These juicy extra features are usually where you’ll win big, so let’s check out some of the best bonus games out there on the casino floor:
Cleopatra(IGT)
What better way to begin this list than with one of the most iconic slot machines of all-time? The Egyptian-themed Cleopatra slot is a 5-reel, 20-payline title that is hugely popular for a reason.
Players can trigger a free spins bonus round where 15 free spins are up for grabs with a 3x multiplier. It’s one of the more simplistic bonus features around but the payouts make it worthwhile.
Zeus (WMSGaming)
Next up on this list is another classic from the casino floor. The Greek mythology-themed Zeus slot is an institution in its own right. It is a 5-reel, 30-payline game where players can win up to 100 free spins as a bonus.
Thepotential wins from those free spins have helped propel the slot into slotsimmortality. Follow-up releases of Zeus II, Zeus III, and Zeus: God of Thunderhave been equally well received by slots players.
Buffalo (Aristocrat)
The legendary Buffalo slot from Aristocrat is a superbly volatile game with 1,024 paylines. The result? You can win money really quickly and those wins are easy to come by, but your bank balance can also plummet quickly too.
The bonusround at this game is where you can really make your money. You get free spins,which might sound standard, however they have a twist. You can land a megamultiplier of up to 27x!
If you’relucky enough to get the multiplier, you’re in for a huge payday.
BeverlyHillbillies (IGT)
The Beverly Hillbillies was a smash hit US television sitcom that ran between 1962 and 1971.
It revolved around a family of hillbillies who move to the luxurious Beverly Hills area after striking it rich by finding oil on their land. The series is the inspiration for this 5-reel, 20-payline slot machine by IGT.
TheMillionaire Mile bonus feature is one of the most exciting on a slot everreleased. Players must spin the ticker to navigate around the trail and try towin as much cash as possible. It’s a game within a game!
TheWalking Dead (Aristocrat)
TheWalking Dead is a hugely popular US TV show that has been shownon AMC since October 2010. It follows a group of survivors during a zombieapocalypse.
Slots developer Aristocrat decided to grab the licensing deal quickly and have produced this thoroughly enjoyable 6-reel slot machine release.
Playerscan play either using the Center for Disease Control wheel or the Atlanta wheel,which gives the game extra depth. You also have the chance to win free gamesand a mega $500,000 jackpot.
Elvis theKing (IGT)
Elvis hasbecome synonymous with Las Vegas over the years, so the gambling industry hasalways sought to take advantage of that special relationship. A fine example ofthat is this 5-reel, 25-payline slot based on the legendary singer.
Elvis theKing has a little bit of everything. Here’s one player enjoying the Hound DogBonus, Jailhouse Rock Bonus and Jukebox Bonus:
The musicblaring out will really get Elvis fans on their feet. If that doesn’t, the freespins sure will!
Book ofRa (Novomatic)
Is it too much to have two Egyptian-themed slots on this list? Well, not when the second title is of the caliber of the 5-reel, 10-payline Book of Ra slot machine.
This gamehas proved particularly popular on the European continent with Novomatic reallypushing it in a number of countries in that region.
Thejackpot is great on this game, though with just 10 paylines you will need torely on Lady Luck to help you win. The bonus round is packed with expandingsymbols, which is ideal for bringing in extra wins.
RainbowRiches (Barcrest)
The 5-reel, 20-payline Rainbow Riches slot machine is one of those games that comes along every once in a while and captures the imagination of the slots playing public. Initially, players were critical that the game did not offer a free spins bonus round.
However,when it soon became obvious how incredible the Pots of Gold Bonus, Road toRiches Bonus, and Wishing Well Bonus were, it was clear the lack of free spins didn’tmatter. And the jackpot is insane!
It is no surprise that this game spawned several sequels online including Rainbow Riches: Reels of Gold and Rainbow Riches: Pick ‘n’ Mix.
Try Before You Buy
If you want to get a feel for any of these games before you play them at the casino, we suggest playing the slots for free first.
This way you can get a sense of their volatility, how they work and whether you think it’s worth your while before you put down any money on online slots.